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basically they have to get a license and pay taxes but living conditions in the region on good and many people are very poor. so we don't always make them do it. in winter they spend all day standing in the water even when it's up to minus forty degrees but they don't do that because they have good lives. here in kurdistan is very un klondyke people can say that the gold they gather is for personal use for example to make dentures from the precious metal a gold smile here is a symbol of prosperity and is considered the equivalent of a healthy bank deposit. well i don't feel any reverence for gold i mean they bring it to me and i make tea for them i take money for what i do it's just immaterial to me many choose golden teeth to make them more beautiful basically having gold in your mouth is very healthy it helps digestion. you know you. with the head of the gold palace family he first met a year ago. twenty grams then. much more modest when the youngest son took his life the best painter in the family had been lost when the gold rush started a gram of gold could be sold for a thousand. t
basically they have to get a license and pay taxes but living conditions in the region on good and many people are very poor. so we don't always make them do it. in winter they spend all day standing in the water even when it's up to minus forty degrees but they don't do that because they have good lives. here in kurdistan is very un klondyke people can say that the gold they gather is for personal use for example to make dentures from the precious metal a gold smile here is a symbol of...
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Nov 28, 2012
11/12
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how about taxes? when i tell people that obama wants to lower corporate taxes they don't believe me. listen to obama and see if you can tell what he wants to do. >> we have one of the highest corporate tax rates in the world, but it's riddled with exceptions and special interest loopholes. we can lower the corporate rate if we get rid of all these specials rates. >> not increase, lower the corporate rated. he's saying it. you just don't want to listen to it. ok? he is conservative. he's a blue dog. he wants to do the same plan the republicans want to do, just a little lighter. so what's on the -- what do we know about this grand bargain and what's still on the block? first of all cutting medicare. unquestionably, no question, it has been offered in every single deal, it is offered up now, dick durbin is still talking about how they call it reform. they're cutting it, cutting it, cutting medicaid, unquestionably, that has been offered every single time and they'll cut it. they are going to lower corpor
how about taxes? when i tell people that obama wants to lower corporate taxes they don't believe me. listen to obama and see if you can tell what he wants to do. >> we have one of the highest corporate tax rates in the world, but it's riddled with exceptions and special interest loopholes. we can lower the corporate rate if we get rid of all these specials rates. >> not increase, lower the corporate rated. he's saying it. you just don't want to listen to it. ok? he is conservative....
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record high brussels and seized on a stereo to measures which the government's cut spending and raise taxes increase in peoples and as well as euro skepticism here it is future european central bank headquarters here in germany and their building was initially supposed to be a symbol of integrity and competence efficiency and transparency of the e.u. main financial institution but many now gloat that the project that has already far behind shadow and over budget may be sending a slightly different message bottom line cynics have compared the bank's future premises with the biblical story of the tower of babel it was meant to reach up to heaven but ended up instead abandoned left as a symbol of hubris and conceit if you look at it it's considered i guess modern architecture sort of looks like sort of like it's been flat and squeezed and turn around and it looks like it might even sort of collapse on itself so it's kind of maybe a fitting symbol i think it's very possible that the euro itself the currency may not even be around by the time. when they finish that building the construction is d
record high brussels and seized on a stereo to measures which the government's cut spending and raise taxes increase in peoples and as well as euro skepticism here it is future european central bank headquarters here in germany and their building was initially supposed to be a symbol of integrity and competence efficiency and transparency of the e.u. main financial institution but many now gloat that the project that has already far behind shadow and over budget may be sending a slightly...
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people who weren't getting any better off would rise from tax rate the tax rate tax rate so fast that over the course of that decade the nineteen seventies a typical earner someone earning the average wage would start at the beginning of the decade paying a twenty or twenty two percent rate and in the decade paying a forty percent marginal rate no surprise taxes were a very important issue for middle class americans in the seventy's and eighty's today eighty percent of americans pay more in payroll taxes than they do in income taxes unsurprisingly they don't respond to a message that is about income taxes and if you keep talking the most about income taxes you're talking to the most something that isn't relevant to their lives meanwhile their wages are stagnating in large part because the incredibly rising cost of health insurance devour wages before the employees get the last point on this there's we talked about this last time i was on your show before the crash in the in the two thousand during the expansion the cost of labor to employers rose by about twenty five percent but wages
people who weren't getting any better off would rise from tax rate the tax rate tax rate so fast that over the course of that decade the nineteen seventies a typical earner someone earning the average wage would start at the beginning of the decade paying a twenty or twenty two percent rate and in the decade paying a forty percent marginal rate no surprise taxes were a very important issue for middle class americans in the seventy's and eighty's today eighty percent of americans pay more in...
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Nov 23, 2012
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. >> reporter: daniel borikoff grades charities based on their own tax filings. those filings show over the past three years the nvf has taken in $22.3 million in donations and paid out $18.2 million to its fund-raisers brickmill and the parent company quadriga art. but he says the filings show a common tactic used by charities. part of the money paid brickmill and quadriga art was designated in tax filings to pay for educational awareness, promotional materials. those solicitations for donations that tell you all about the struggles vets have and why you should donate, that's the educational awareness and promotion material. >> the accounting is somewhat confusing to the public and so they could get tricked if they look at these tax forms or look at these superficial reviews of charities on the internet because what they're doing is they're calling that solicitation that makes you aware of the injured veteran a charitable program, but that's not what people want to pay for. people want to pay for, to offer substantial aid or assistance to wounded veterans. that'
. >> reporter: daniel borikoff grades charities based on their own tax filings. those filings show over the past three years the nvf has taken in $22.3 million in donations and paid out $18.2 million to its fund-raisers brickmill and the parent company quadriga art. but he says the filings show a common tactic used by charities. part of the money paid brickmill and quadriga art was designated in tax filings to pay for educational awareness, promotional materials. those solicitations for...
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Nov 23, 2012
11/12
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value that seems incredibly inflated when they are written down on charity tax returns. take the spca international, a group that's raised $27 million to supposedly help soldiers and their pets. the group's manager wouldn't tell us anything about the money. >> no, i'm not going to reveal that. none of it. i can't answer any of your questions right now. believe me, i would love to. >> reporter: but on its tax returns, we did learn about a shipment of animal medicines the spca international donated to an animal welfare group in nepal. cnn was provided with the invoice. it shows an itemized list of drugs that the charity values at $816,000, a huge gift in kind. but when the gift arrived in nepal, the charity receiving the drugs valued them for customs purposes at a mere $2,500. tidwell arranged the shipment. how can it be $816,000 here and $2,500 there? >> the value that's placed on something according to law is placed according to the exit market. it would be what you would have to pay for it in the place that it's exiting. and the -- the fact that they might be able to pu
value that seems incredibly inflated when they are written down on charity tax returns. take the spca international, a group that's raised $27 million to supposedly help soldiers and their pets. the group's manager wouldn't tell us anything about the money. >> no, i'm not going to reveal that. none of it. i can't answer any of your questions right now. believe me, i would love to. >> reporter: but on its tax returns, we did learn about a shipment of animal medicines the spca...
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Nov 26, 2012
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expiration of the tax cut around for years can be called a tax increase. the nonpartisan budget office would bring in $1 trillion in ten years. on tap, 1.2 trillion in spending cuts for ten years. $100 billion in first year. half to defense programs. half to nondefense. cbo says going off the cliff would lead to a recession next year. we have fox team coverage tonight. ed henry is trying to read tea leaves on a day of mixed signals from all sides but we begin with mike emanuel on the possibility that g.o.p. lawmakers may put their oath of office above a promise to antitax increase organizer. good evening. >> good evening. the republican sources say they are offering a balanced approach of significant spending cuts and some revenue without boosting tax rates. >> we have been responsible as we remain firm on this point. no tax increases now for promised spending cuts that won't materialize later. the american people have seen that game before. they won't be fooled again. >> the top republican on the senate budget chel explained the g.o.p. plan to bring in mo
expiration of the tax cut around for years can be called a tax increase. the nonpartisan budget office would bring in $1 trillion in ten years. on tap, 1.2 trillion in spending cuts for ten years. $100 billion in first year. half to defense programs. half to nondefense. cbo says going off the cliff would lead to a recession next year. we have fox team coverage tonight. ed henry is trying to read tea leaves on a day of mixed signals from all sides but we begin with mike emanuel on the...
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Nov 27, 2012
11/12
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so let's go back to child tax credit and some middle income tax relief and that, but let's keep a substantial portion of that revenue and we don't have to the talking about stupid across the board cuts and do more targeted cutses in programs that need cutting and bolster those that need bolstering. one thing it, no one's talking about within-third of the deficit is due to high unemployment. we should be talking about investment that will put americans back to work and that takes care of a third of the deficit. if you're talking about a grand bargain, okay, revenues putting people back to work and then we'll talking about cuts. >> that's a profound point. all of a sudden we're supposed to go into this grand bargain of medicare and medicaid because we went through recession and the tax base was low because there was a lot of people unemployed for months on end and we had to invest in the economy to where we've got it right now and moving forward? i think there's some fundamentals here that are in place that the republicans just seem to push right aside and say you got to go to entitlements. if
so let's go back to child tax credit and some middle income tax relief and that, but let's keep a substantial portion of that revenue and we don't have to the talking about stupid across the board cuts and do more targeted cutses in programs that need cutting and bolster those that need bolstering. one thing it, no one's talking about within-third of the deficit is due to high unemployment. we should be talking about investment that will put americans back to work and that takes care of a third...
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region itself a wrist pretty wealthy it has an economy the size of portugal's but it pays far more in taxes to the spanish government than to actually receive back in terms of investment from from madrid and that is something that annoys some people here unemployment is at around twenty five percent and also people are having to endure tough austerity measures at the moment but nothing is a done deal because after mass does need to record an absolute majority in order to be able to push through this referendum otherwise he would be forced to form some sort of coalition there is a sticking point to him that the referendum is actually against the spanish constitution in the spanish prime minister mari only rush hoy's said he will fight it but some elements of the spanish media are actually saying that after mass could find himself arrested so nothing is clear cut at the moment and even though opinion polls do suggest that the majority of people are in favor of independence there is a strong lobby who are against separatism and their arguments are based on the economy too they say that if cata
region itself a wrist pretty wealthy it has an economy the size of portugal's but it pays far more in taxes to the spanish government than to actually receive back in terms of investment from from madrid and that is something that annoys some people here unemployment is at around twenty five percent and also people are having to endure tough austerity measures at the moment but nothing is a done deal because after mass does need to record an absolute majority in order to be able to push through...
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Nov 26, 2012
11/12
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it is all tax money. it is not suspicious. the textbook folks are getting a little closer to the classroom there. a little more suspicious. that part of the sector is dominated by for-profit players, whether the old line textbook providers are those transitioning into the new digital age and thinking more a online adapted products. it is much lower heat from the conversation. the closer you get to the classroom, how about school operators that contract with the local school district? a for-profit company running one are two schools or a network of schools and having a goal at the end of the year to have money left over to reinvest in the business to make a better and to return over some time to return to shareholders. even at harvard business school, a very small percentage of this was ok. it seemed the paradigm was what kind of activities to be the same the public sector has a legitimate right to provide. therefore it seems an encroachment from the private sector trying to somehow capture rents that are somehow more appropria
it is all tax money. it is not suspicious. the textbook folks are getting a little closer to the classroom there. a little more suspicious. that part of the sector is dominated by for-profit players, whether the old line textbook providers are those transitioning into the new digital age and thinking more a online adapted products. it is much lower heat from the conversation. the closer you get to the classroom, how about school operators that contract with the local school district? a...
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Nov 24, 2012
11/12
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largest in the game's history a single winner would cash out 213 million before taxes. you can buy tickets in 42 states, including washington, d.c. and the united states virgin islands. a special edition of on the record starts now. >>> tonight, senators mccain and graham former u.n. ambassador bolton, pat buchanan, former state department official liz cheney and former secretary of state henry kissinger, they are all here. we are looking ahead to foreign policy in president obama's second term. this is a special edition of "on the record." >> four years later after the nobel peace prize where do we stand as a nation? in case you haven't her, bin laden is dead, that's good. that's not a foreign policy. there is no coherent foreign policy when we need one. >> we keep hoping something is going to change but it isn't. >> one of the ramifications of an obama presidency is defense is not going to grow. >> the coordinated preplanned and brazen taxes again the u.s. consulate in benghazi, september 11th, was an outrage. >> security was laxed. >> it appears to many persons ma th
largest in the game's history a single winner would cash out 213 million before taxes. you can buy tickets in 42 states, including washington, d.c. and the united states virgin islands. a special edition of on the record starts now. >>> tonight, senators mccain and graham former u.n. ambassador bolton, pat buchanan, former state department official liz cheney and former secretary of state henry kissinger, they are all here. we are looking ahead to foreign policy in president obama's...
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Nov 25, 2012
11/12
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there were tax cuts for the rich and tax cuts for the middle class. we want to give the middle class a shot for success as the economy is recovering. the gap between rich and poor in this country has never been greater. we need to find ways to create more balanced. we are fighting to say, less than have -- let's go back to the tax rate we had in the clinton era. when you are talking about marginal tax rates for those who are making above $250,000 -- the bottom line in california is not about pensions. california has passed do revenue from the recent election to try to get money back into schools. you are right that in a public education system, parents should not be asked to subsidize each and every day. that is what is happening in lots of places. i have seen across the country how parents are being axed. it would be better -- i have seen across the country how parents are being asked. there has to be transparency and there has to be accountability in terms of what the money is used for. thes go in and looked at well-rounded education kids have in pr
there were tax cuts for the rich and tax cuts for the middle class. we want to give the middle class a shot for success as the economy is recovering. the gap between rich and poor in this country has never been greater. we need to find ways to create more balanced. we are fighting to say, less than have -- let's go back to the tax rate we had in the clinton era. when you are talking about marginal tax rates for those who are making above $250,000 -- the bottom line in california is not about...
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Nov 23, 2012
11/12
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obamacare aboutsed more two years ago, unfolds in january with new taxes and exchanges ready in october 2013. analysts, however, say the federal government is way behind. >> there wasn't a lot of thought given to obamacare by a single entity making sure the pieces fit together. it was put together by a bunch of special interests and that's why you get this goldberg contraction. >> and just this week the administration finally laid out what it called essential benefits something that insurance companies must have to structure and price their health care plans. the administration is pressing its luck though, because insurance companies normally need more time than the few months left. >> if they're going to stand this up in 11 months, they are pretty close to the wire of having run out of time to do it. >> what it typically takes anywhere from a year to year and a half for an insurance company to develop new policies, get them approved by regulators and develop all the materials needed to sell them to consumers. >> many other parts of the new law, however, have not been completed. in addi
obamacare aboutsed more two years ago, unfolds in january with new taxes and exchanges ready in october 2013. analysts, however, say the federal government is way behind. >> there wasn't a lot of thought given to obamacare by a single entity making sure the pieces fit together. it was put together by a bunch of special interests and that's why you get this goldberg contraction. >> and just this week the administration finally laid out what it called essential benefits something that...
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Nov 26, 2012
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minimum tax. is there a reason or desire in the white house to have a more permanent pass on that? >> one of the problems that we face with our tax policy is lack of certainty. the alternative minimum tax in particular has extra inflation that causes an ad hoc adjustments every year and creates uncertainty. i do not want to go beyond that. that is not something that we listed in the report. >> i would like to bring in today, cyber-monday, and black friday into the equation. how would retail sales from today and friday helped retail sales going into the economy? how does it affect this economy and the economic situation right now? what will the effect be if we did not have middle-class tax cuts any more? could you give us today and next year possibilities? >> retail spending is extremely important for the economy. as you mentioned, consumption accounts for 70% of our gross domestic product. to put the figure in context, if no class tax cuts are not extended and spending falls next year, that is fou
minimum tax. is there a reason or desire in the white house to have a more permanent pass on that? >> one of the problems that we face with our tax policy is lack of certainty. the alternative minimum tax in particular has extra inflation that causes an ad hoc adjustments every year and creates uncertainty. i do not want to go beyond that. that is not something that we listed in the report. >> i would like to bring in today, cyber-monday, and black friday into the equation. how...
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Nov 28, 2012
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tax cuts. fiscal cliffs. >> that's 5-month-old mace john jackson and tax hikes and now the president and dan lothian from the white house, how is the president handling this? he's probably not doing as much laughing. >> reporter: what you saw today is the president bringing in americans. he says they will be impacted if the middle class tax cuts are not extending. they sent a message out there to republicans saying that they need to come on board and support this effort. republicans pushing back thinking that they don't think the upper income americans should see their taxes go up. what the president said to those who were here and those watching, put pressure on their lawmakers to support pushing out the bush era tax cuts for just middle class americans, not just through this effort but to text, to call, to send a fax, even twitter and the white house coming up with y2k referring to the amount of average middle class families would see their taxes go up by the white house says, $2200. so the p
tax cuts. fiscal cliffs. >> that's 5-month-old mace john jackson and tax hikes and now the president and dan lothian from the white house, how is the president handling this? he's probably not doing as much laughing. >> reporter: what you saw today is the president bringing in americans. he says they will be impacted if the middle class tax cuts are not extending. they sent a message out there to republicans saying that they need to come on board and support this effort. republicans...
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Nov 28, 2012
11/12
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cut dilemma. >> every republican in congress signed a no tax pledge created by americans for tax reform chair, grover norquist. now some republicans are abandoning the anti-tax pledge as fast as they abandoned -- what's his name? i got it. don't help me. don't help me. rip flaumbe. >> we recently reported "the on june" satire newspaper named north korean leader kim jong un the sexiest man alive. apparently the joke was lost on china's communist party newspaper. they ended up running a 55-page spread of the leader congratulating him for the title. you can understand how that can be confusing, you know, his fashion sense. >> because i'm gullible? >> a little bit of everything. come on. you've got to have found with it. >> the "two and a half men" with thing, should we believe the video where he was live or the pr statement? >> i think we should believe he makes $350,000 an episode and that's enough said. >>> this is from care 11 news in minneapolis, where a wave of baby blue swept through a maternity ward for three days. delivery room doctors shouted it's a boy 19 consecutive times betwee
cut dilemma. >> every republican in congress signed a no tax pledge created by americans for tax reform chair, grover norquist. now some republicans are abandoning the anti-tax pledge as fast as they abandoned -- what's his name? i got it. don't help me. don't help me. rip flaumbe. >> we recently reported "the on june" satire newspaper named north korean leader kim jong un the sexiest man alive. apparently the joke was lost on china's communist party newspaper. they ended...
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from it it's sold there are age limits but what has been the result is that for every dollar in taxes the united states receives from legal alcohol or tobacco it costs us ten dollars in social costs so we don't need to legalize something to make it to control it we can actually keep it illegal so that we don't have big industry promoting it to kids but at the same time we also don't need to throw everybody in jail for small amounts of use so i don't live in this world where it's black or white you know we go to jail or it's legal we can do better than that ok pete if i go back to you i mean we haven't said which is not a war against our own people but the level of incarceration the united states is extraordinary that is a war on a population that at least in one sense well i would again i think we can use words in lots of ways i think. the problem is that you have in latin america today a norm is level of violence and killing at that people believe is related to the drug war whether it is or not whether kevin is right that legalizing marijuana in a few states is not going to have any
from it it's sold there are age limits but what has been the result is that for every dollar in taxes the united states receives from legal alcohol or tobacco it costs us ten dollars in social costs so we don't need to legalize something to make it to control it we can actually keep it illegal so that we don't have big industry promoting it to kids but at the same time we also don't need to throw everybody in jail for small amounts of use so i don't live in this world where it's black or white...
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Nov 26, 2012
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that is tax free savings that is not taxed. >> that could just be taxed a lot more next year. >> exactly if all comes to fruition. >> talk about charitable giving. the deduction could go away next year. >> charitable donations of appreciateable assets are fully deductibles. this is one of the best banks for your buck. this is something you can do before the end of the year. all of this might be going away in the new year not necessarily the appreciateable donations that could be affected by income in the new year but something to think about if you have something on hand. >> the alternative minimum tax always gets complicated. >> don't sweat it. this is the amt tax. a lot of folks worry about it they haven't had to pay it before. 34 million more american households will be subjected to this ant tax if we fall off the fiscal cliff. they are saying don't fan panic about it. that many more households affected they are likely to come to some sort of agreement by the end of the year. >> that's good nis. why should we pay for next semester's tuition before the end of the year? >> you are still
that is tax free savings that is not taxed. >> that could just be taxed a lot more next year. >> exactly if all comes to fruition. >> talk about charitable giving. the deduction could go away next year. >> charitable donations of appreciateable assets are fully deductibles. this is one of the best banks for your buck. this is something you can do before the end of the year. all of this might be going away in the new year not necessarily the appreciateable donations that...
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Nov 27, 2012
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reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth. democrats say the middle class could be spared from a tax increase now. >> however as we continue to negotiate a responsible path forward i remind everyone within the sound of my voice of one fact. this congress is where one vote away from avoiding the fiscal cliff for middle class families
reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making...
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Nov 25, 2012
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today two more republicans who previously refused to consider tax hikes are
today two more republicans who previously refused to consider tax hikes are
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clear on tax relief here for. cleaning off my home. tarp recipients of money from halliburton titan cauchy and blackwater are the two chairmen of the committees in congress and the house of representatives that oversee know what terry matters and spending the major corporations he's a cartel i'm up early corporations they've figured out how to legally buy influence . i would echo the words of pope john paul the second profit by itself is not a sufficient motivation for business endeavors you're operating in the realm of greed you're not operating the realm of morality. which iraq and came back was so heartbreaking was that i found that we weren't that we weren't always the good guys and it was very disillusioning for me because i'd grown up with this like dream of america what america was. and i saw a dream that upgrade been and wasn't become i felt heartbroken i feel like i didn't know what it was to be an american because i saw what i thought america was destroyed and disgraced. when they went into iraq a subsidiary of halliburton wh
clear on tax relief here for. cleaning off my home. tarp recipients of money from halliburton titan cauchy and blackwater are the two chairmen of the committees in congress and the house of representatives that oversee know what terry matters and spending the major corporations he's a cartel i'm up early corporations they've figured out how to legally buy influence . i would echo the words of pope john paul the second profit by itself is not a sufficient motivation for business endeavors you're...
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the president wants higher taxes for the wealthy. and un ambassador susan rice went to capitol hill to meet with republican senators. she's high on the list to secretary of state. she's been under fire from senate republicans over the attac killed four americans, including u.s. ambassador chris stevens. today's meeting did not go well. >> we're doubled by many of the answers that we got. i'm more disturbed now than before. >> the republican senators stopped short of saying they'd block the nomination. they say they need more information and have more questions about the incident in benghazi. >> we're coming up on december to 1. that is the day mayans said the world would end. one scientist has been answering countless letters about the rumors. david morrison has a big job. >> iville lun teared to answer the questions the public sends in. >> some of the pivotal scientific questions of our time. >> these are questions about life in the universe. and that went along fine until fours years ago. suddenly i started getting questions about
the president wants higher taxes for the wealthy. and un ambassador susan rice went to capitol hill to meet with republican senators. she's high on the list to secretary of state. she's been under fire from senate republicans over the attac killed four americans, including u.s. ambassador chris stevens. today's meeting did not go well. >> we're doubled by many of the answers that we got. i'm more disturbed now than before. >> the republican senators stopped short of saying they'd...
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bag of laundry that i could do at home for three dollars a legal way a statement from the goldman or tax payers money down auto. company is overcharging taxpayers. company bill taxpayers for its contract work in iraq it is your money that's being used these contracts have managed to cost plus which is the opposite of trying to save money it guarantees that everything that you buy will be paid back and read if it's justified and you'll be given a profit edition. critics. say the more taxpayer dollars halliburton the more halliburton. cost plus encourages you to run up the cost of the program because you are going to get a percentage of the end result has so there is no incentive to stay at motel six states. in kind of folks the places they chose for orientation the way it was a huge resort set right on the ocean. so it was better than the window. it was faint save marble floors mahogany what were those just beautiful they had seen. and you could go in ridgeway verner's play in the water they were running wave runners and we got paid by the hour to do it i was told this don't question and
bag of laundry that i could do at home for three dollars a legal way a statement from the goldman or tax payers money down auto. company is overcharging taxpayers. company bill taxpayers for its contract work in iraq it is your money that's being used these contracts have managed to cost plus which is the opposite of trying to save money it guarantees that everything that you buy will be paid back and read if it's justified and you'll be given a profit edition. critics. say the more taxpayer...
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Nov 25, 2012
11/12
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. >> i would be very much opposed to raising tax rates. but i believe we can change loopholes. >> i want entitlement reforms. democracies promise to cut spending. we never cut spending. i am looking for revenue for entitlement reform. >> reporter: senator graham says age adjustment and means testing for medicare and social security is a reasonable thing. but illinois democratic senator dick durbin doesn't want to touch social security. he thinks the new revenue should come from an increase on the tax rates of top earners, which is currently 35%. >> let the rates go up to 39. let us also take a look at the deductions. let's make sure that revenue is an integral part of deficit reduction. from my side of the table, bring entitlement reform into the conversation. social security, set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program, but give it solvency for more and more years. >> reporter: a source with engine of knowledge -- with knowledge of the negotiation says there is no dat
. >> i would be very much opposed to raising tax rates. but i believe we can change loopholes. >> i want entitlement reforms. democracies promise to cut spending. we never cut spending. i am looking for revenue for entitlement reform. >> reporter: senator graham says age adjustment and means testing for medicare and social security is a reasonable thing. but illinois democratic senator dick durbin doesn't want to touch social security. he thinks the new revenue should come...
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Nov 21, 2012
11/12
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CSPAN2
tv
eye 113
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just talk about taxes. the objective of holding the line or lowering taxes is ultimately supposed to contain or reduce the size of the government. do you feel closer or further from that goal today? >> much closer. one is the tea party and the other is the right and budget. up until the tea party, i would have been here and told you obama is going to spend too much money and you can't get the american people upset about spending too much. you have to wait until it becomes a tax increase that's why the protection pledge was i think the best defense against the government. the same misreading of his mandate that he's doing now so when some of us suggested the misreading of the mandate he did it for years ago. he threw away the approval rating to spend the stimulus package written on all this other stuff, massive debt and spending and you had a million people go to the streets around august, april 15th. he had only just showed up and started spending crazily. tarp ii me and you then have a reaction from the mo
just talk about taxes. the objective of holding the line or lowering taxes is ultimately supposed to contain or reduce the size of the government. do you feel closer or further from that goal today? >> much closer. one is the tea party and the other is the right and budget. up until the tea party, i would have been here and told you obama is going to spend too much money and you can't get the american people upset about spending too much. you have to wait until it becomes a tax increase...
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Nov 28, 2012
11/12
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FBC
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in other words, a mandate to raise taxes hutton. tonight we want to take that mandate and put it into some context and perspective. this is the president's 2012 victory. but 50 -- and this is the mandate. forty-seven. the electoral votes, 3302. mesa more room here. romney's 206. that'simpressive. but there's something missing. seven and a half people. seven and a half million voters from 2008. he received and, and all right this over here, 53 percent of the vote to mccain's 46%. a little more impressive. 365 electoral votes to 1703. wait a minute. that's quite a little difference . of falloff in the popular vote and a ar less impressive electoral victory this year. let's look at the legislative branch, th senate, the house. fifty-five for democratic senators. forty-five will be republican. 200 democratic representatives to 234 in the house of representatives. he is down here. pretty impressive for the republicans. by the way, when you combine the senate and house there are still a lot more republicans than capitol hill then there ar
in other words, a mandate to raise taxes hutton. tonight we want to take that mandate and put it into some context and perspective. this is the president's 2012 victory. but 50 -- and this is the mandate. forty-seven. the electoral votes, 3302. mesa more room here. romney's 206. that'simpressive. but there's something missing. seven and a half people. seven and a half million voters from 2008. he received and, and all right this over here, 53 percent of the vote to mccain's 46%. a little more...
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Nov 21, 2012
11/12
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CSPAN
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something about taxes -- taxes are extracted. usually paid voluntarily. that is an oversimplification. actually, officials at the irs will tell you well over 90% of individual taxpayers governments necessarily wrong. we all want government voluntarily and responsibly comply with tax laws. there is plenty of tax evasion out there, but most americans fulfill their responsibilities, but taxes are extracted. we have to pay for government. we, in public administration, believe in good government. the problem is, how do we maintain it would we have to criticize it all the time? how do we maintain the good parts of it? the other contribution to the decline in the prestige reagan , even of government included pro-market anti-government. by economists which were very prominent academically. reaganomics was, in a sense, invented on university campuses. the media describe themselves as a watchdog, quite appropriately. it is essential we have an aggressive news media that hold the government and other entities accountable. if they are doing things wrong, we want them
something about taxes -- taxes are extracted. usually paid voluntarily. that is an oversimplification. actually, officials at the irs will tell you well over 90% of individual taxpayers governments necessarily wrong. we all want government voluntarily and responsibly comply with tax laws. there is plenty of tax evasion out there, but most americans fulfill their responsibilities, but taxes are extracted. we have to pay for government. we, in public administration, believe in good government....
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Nov 26, 2012
11/12
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KRON
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this new report says that if taxes go up at the end of the year for middle and condemincome tax. it would reduce consumer spending by nearly 2 $1 billion next year. >> a new national poll suggests that americans understand that the physical cliff is no joking matter. two-thirds of people questioned and a c n f o r c poll says that the u.s. would face a crisis or major problems of the country when off the fiscal clifford the end of the year. >> beauty giant l oreal is buying the edgy privately owned make the brent urban decay. the deal, estimated to be about $300 million, will millionl oreal another entry into the fast-growing area of special is brest, which is says represents 44% area of special is brest, which is saylook at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you'r
this new report says that if taxes go up at the end of the year for middle and condemincome tax. it would reduce consumer spending by nearly 2 $1 billion next year. >> a new national poll suggests that americans understand that the physical cliff is no joking matter. two-thirds of people questioned and a c n f o r c poll says that the u.s. would face a crisis or major problems of the country when off the fiscal clifford the end of the year. >> beauty giant l oreal is buying the edgy...
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say the more tax payer dollars halliburton the more halliburton. cost plus encourages you to write up the cost of the program because you are going to get a percentage of the end result has so there is no incentive to stay at motel six stay in the ritz carlton in kind of folks the place they chose for orientation the way it was a huge resort set right on the ocean. three swimming pools so it was better than the window. it was faint save marble floors mahogany what were those just beautiful they had seen. and you could go on real wave runners play in the water they were running wave runners and we got paid by the hour to do it i was told this don't question and enjoy it several government agencies are currently invest. gating of halliburton overcharge for work already completed in iraq. and i had five star meals catered to him every day it was so lavish oros the vegetable plodders beef plodders fish platters cost plus contrary k.b.r. looked at it the more money we spend it's more money we get in our pockets we have made over there compared to milita
say the more tax payer dollars halliburton the more halliburton. cost plus encourages you to write up the cost of the program because you are going to get a percentage of the end result has so there is no incentive to stay at motel six stay in the ritz carlton in kind of folks the place they chose for orientation the way it was a huge resort set right on the ocean. three swimming pools so it was better than the window. it was faint save marble floors mahogany what were those just beautiful they...
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Nov 25, 2012
11/12
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CNNW
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apart from brazil and argentina, taxes are low across the region. how do you increase them. as we all know in the united states, entitlements once given are hard to take back. it's hard to read about those who climb out of poverty. but latin america faces challenge to sustain these gains, otherwise we could look back on this period as a peak from which it fell. >>> up next we tend to think of international politics as a complicated science. my next guest says it's actually quite simple and it pertains to a subject we've all been taught about in school. i'll explain. ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ [ nyquil bottle ] just reading your label. wait...you relieve nasal congestion? sure don't you? [ nyquil bottle ] dude! [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. anyo
apart from brazil and argentina, taxes are low across the region. how do you increase them. as we all know in the united states, entitlements once given are hard to take back. it's hard to read about those who climb out of poverty. but latin america faces challenge to sustain these gains, otherwise we could look back on this period as a peak from which it fell. >>> up next we tend to think of international politics as a complicated science. my next guest says it's actually quite simple...
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Nov 28, 2012
11/12
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FOXNEWSW
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in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and the nasdaq all trading lower. speaking of that, a new round of violent protests break out in egypt as police fired teargas into the crowds. here are some of those scenes. >> unbelievable. more than 100,000 people flooded into downtown cairo. this time they are protesting the current president martha maccallum and his power grab. they are disillusioned with what he has brought to their country. then you have this happening. police firing teargas. gypt's highest courts refusing to work in protest of morsi's actions. steve harrigan is streaming live from cairo. the protests looked like the unrest we saw in that same square back in 2009 and the arab spring and the overthrow of mubarak. how dangerous is it? is it more dangerous now? >> this certainly allows similarities between what we saw last night and
in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and the nasdaq all trading lower. speaking of that, a new round of violent protests break out in egypt as police fired teargas into the crowds. here are some of those scenes. >> unbelievable. more than 100,000 people flooded into downtown cairo. this time they are protesting the current...
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Nov 24, 2012
11/12
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FBC
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let's have income taxes at 15%, gift taxes at 15%. let's make sure that warren buffett probably starts paying not just like a secretary, a proper percentage. what has been proposed will not have warren buffett paying this percentage. let's have a flat tax. take him at his word and if you make more common you will pay more, not the only way it will happen. lou: the president himself may have been talking to you or steve forbes. >> this is a great time. not only that, let's not forget that the last time that the senate had a budget is when harry reid worked with his friend, and nobody in the 2008 budget complained that they weren't spending enough money. that cuts out a trillion in spending right there. are you concerned about the time that they had taken have taken on this first day of the discussion? >> i was not hopeful that the president's tone. [talking over each other] [talking over each other] lou: are you being partisan here? >> i am not being partisan. i am being objective when i say that the president pays 1.6 trillion in new
let's have income taxes at 15%, gift taxes at 15%. let's make sure that warren buffett probably starts paying not just like a secretary, a proper percentage. what has been proposed will not have warren buffett paying this percentage. let's have a flat tax. take him at his word and if you make more common you will pay more, not the only way it will happen. lou: the president himself may have been talking to you or steve forbes. >> this is a great time. not only that, let's not forget that...
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Nov 21, 2012
11/12
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CSPAN
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consumption tax is difficult if you try to do a value added tax. there are things you can do to tweak the income-tax to make it look like a value added tax. >> at the end of the day, what you think the tax code will look like when these conversations between the president and speaker john boehner are done? what will look like when they are done? >> i think we will have slightly higher marginal tax rates on some -- at least one high income tax bracket and i think there will be a variety of tax and exclusions and deductions that are scaled back modestly and that's about it. >> it scaled-back means capt. someone, i agree completely. ." >> i think we will see some of those things rolled back. i think the top rate will be in between 39 and 45%. >> we have some common ground among our economists where we will end up. thank you for joining us and thank you all. i appreciate the pedersen foundation to participate. >> as i have contemplated how the burlington -- the meeting to close, i remember a nobel prize winner at the university of chicago where it was
consumption tax is difficult if you try to do a value added tax. there are things you can do to tweak the income-tax to make it look like a value added tax. >> at the end of the day, what you think the tax code will look like when these conversations between the president and speaker john boehner are done? what will look like when they are done? >> i think we will have slightly higher marginal tax rates on some -- at least one high income tax bracket and i think there will be a...
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Nov 26, 2012
11/12
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taxes rise. martha: even the white house is warning that the uncertainty of a potential tax hike could hurt american retailers during this deholiday shopping season. white house economists saying quote, as we approach the holiday season which accounts for 1/5 of industry sales, retailers can not afford the threat of tax increases on middle class families. bill: as we learn more about what each side is kill willing to concede in this argument president obama meets with leaders later in the week. this morning we'll meet with house majority leader eric cantor live in "america's newsroom.". next hour we talk to him where these negotiations are. how much each side is willing to give up and what they want in return. ultimately will they get a deal? eric cantor coming up next hour. martha: it is all in the language and semantics of these discussions. as u.s. lawmakers continue all this wrangling over some kind of budget deal we work towards here at home, european lawmakers are meeting today on their fin
taxes rise. martha: even the white house is warning that the uncertainty of a potential tax hike could hurt american retailers during this deholiday shopping season. white house economists saying quote, as we approach the holiday season which accounts for 1/5 of industry sales, retailers can not afford the threat of tax increases on middle class families. bill: as we learn more about what each side is kill willing to concede in this argument president obama meets with leaders later in the week....
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Nov 27, 2012
11/12
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KICU
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if you don't pay sales taxes online then you owe a use tax that you must file on your state taxes which few people do. >> i think they need to do it nationally somehow. i think the country is missing out on a lot of sales tax. a lot of revenue. >> reporter: since september the state has collected less than $20 million from this so called amazon tax. and one board member said that of those who are supposed to be collecting this tax, few are doing so. >>> on ktvu.com you will find a cyber monday tab with information on protecting yourself whenever you shop online including the top 10 internet scams to avoid. >>> before the rain gets here we've got some fog to contend with. we had a bunch of fog this morning and we're going to have a bunch of fog ben tomorrow -- fog again tomorrow morning. we have fog out toward san rafael, out toward black point area. the overnight low will get you fog as well. the recent rain and fog on the ground. the moisture now is cooling. as it cools to that dewpoint we get fog. it will impact your morning commute just as it did this morning. there was a dense fog a
if you don't pay sales taxes online then you owe a use tax that you must file on your state taxes which few people do. >> i think they need to do it nationally somehow. i think the country is missing out on a lot of sales tax. a lot of revenue. >> reporter: since september the state has collected less than $20 million from this so called amazon tax. and one board member said that of those who are supposed to be collecting this tax, few are doing so. >>> on ktvu.com you will...
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Nov 26, 2012
11/12
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FOXNEWSW
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. >> they have to go up either real tax rates or effective tax rates. second we have to close significant loopholes. jon: bret baier is the anchor of special report. maybe we can get an explanation from you. the republicans are talking about raising revenue but not raising tax rates. how do they do that? >> reporter: basically they close tax loopholes, they put a cap on deductions. in other words for high income earners let's say the cap was $50,000 you would take in deductions, they don't specify what specific deductions it would be but that is the cap of tax deductions you could take and there by after that point you don't get any more deductions, so the amount of taxes you pay goes up. now this is not new, jon, this is what really mitt romney and paul ryan were running on, as they talked about it they got hammered again and again for not being specific on what tax deductions and loopholes were going to close. but this was the line for the republican standard bearer, the candidate. so when you hear these senators and congressmen talking about that and
. >> they have to go up either real tax rates or effective tax rates. second we have to close significant loopholes. jon: bret baier is the anchor of special report. maybe we can get an explanation from you. the republicans are talking about raising revenue but not raising tax rates. how do they do that? >> reporter: basically they close tax loopholes, they put a cap on deductions. in other words for high income earners let's say the cap was $50,000 you would take in deductions,...
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Nov 26, 2012
11/12
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FBC
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let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner, perhaps the president himself may have been talking to you, talking to steve forbes and others who talked about the possibility of reforming the entire tax code. that could -- >> this is a great time. you know, the kind of time... and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest he
let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner,...
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rate for corporations and we have the lowest of the second lowest tax rate factor tax rate for the top one percent you get people like mitt romney who are paying fifteen percent in income taxes you know no but you know again that's unfair because as dr america to raise more than that and he was giving were. percent of his income to charities. and that makes up for it therefore we shouldn't charge him taxes come on down i mean look at that capital gains is much different than ordinary and if we want to put yeah you don't have to work to get it just so it lands we have to make it we have to make it competitive for people to learn to invest but you people are not going to invest with all of this uncertainty in with the growing cost going into the business the certain affairs government wants to kill people like ok. you know i hope you're well defended if the government's going to get you thanks a lot for being with us they think for having you can talk. now on to some health care and it is residents of cook county illinois are about to see some significant new benefits thanks to president
rate for corporations and we have the lowest of the second lowest tax rate factor tax rate for the top one percent you get people like mitt romney who are paying fifteen percent in income taxes you know no but you know again that's unfair because as dr america to raise more than that and he was giving were. percent of his income to charities. and that makes up for it therefore we shouldn't charge him taxes come on down i mean look at that capital gains is much different than ordinary and if we...
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Nov 24, 2012
11/12
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CNNW
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a big republican turns his back on the grover norquist tax pledge. is the gop preparing to give in to the president? is and thousands of people packing into stores today. watch your wallet. we'll tell you how the shopping season is really adding up. let's go "outfront." >>> good evening. i'm tom foreman. egypt erupts. thousands of angry egyptians have been protesting in opposition to a controversial power grabby egypt's president. at least 80 people have been injured and one killed in clashes with police who fired tear gas into the crowds. the unrest began after he issued a series of orders which allow him to run the country unchecked until a new constitution is written. morsi says his actions are meant to speed up reform and achieve political and social stability. >> translator: i have said beforened i repeat again, that i would never use a legislation against individuals, parties, men, women or muslims or christians for personal gains and to settle scores. >> now, this is all very problematic for the white house. just two days ago, president obama
a big republican turns his back on the grover norquist tax pledge. is the gop preparing to give in to the president? is and thousands of people packing into stores today. watch your wallet. we'll tell you how the shopping season is really adding up. let's go "outfront." >>> good evening. i'm tom foreman. egypt erupts. thousands of angry egyptians have been protesting in opposition to a controversial power grabby egypt's president. at least 80 people have been injured and one...
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Nov 29, 2012
11/12
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KOFY
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taxes concern small business owners who met with the president yesterday. one of them runs an organic mushroom company. he told us that higher taxes will kill his business. >> we are most passionate about, a business like ours, if people are going to be taxed a couple more thousand dollars, that will affect us, as well. >> he admits his small business has benefited from programs he and friend started it three years and now they have 31 employees. >>> for the first time since the election, president obama will meet privately with the man he beat in the race for president, mitt romney. they will talk tomorrow about ideas reviving the economy. president obama said that he would reach out to mitt romney and hold that private meeting after the election. today the president met with yahoo ceo marissa myer. she is trying to avoid the fiscal cliff. and she told a reporter, quote the baby has been way easier than everybody made it out to be. 37-year-old added she had an easy pregnancy and two-year-old son has been easy. she is very clear on her priorities, god, fami
taxes concern small business owners who met with the president yesterday. one of them runs an organic mushroom company. he told us that higher taxes will kill his business. >> we are most passionate about, a business like ours, if people are going to be taxed a couple more thousand dollars, that will affect us, as well. >> he admits his small business has benefited from programs he and friend started it three years and now they have 31 employees. >>> for the first time...
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Nov 21, 2012
11/12
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CSPAN2
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eye 99
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tax reform this. tax implications of the. reduce taxes fine, but no net tax increases. and most republicans in the house and the senate made that commitment, a handful of democrats, about 1300 state legislators, 13 governors, a lot of people chosen to make that commitment to their constituents. everyone's want to become it's to grover, could you tell some of its okay for them to break their word to the constituents? no. i'm not actually in this equation. is a commitments they made to their own voters when the guy elected that they would not support tax increases. they say when i go to washington for not raising taxes. i'm going to reform government so costs less. windows above uncle and reform government. i'm not going to say there's a problem, everybody sending more money to pay for whatever from an continue to do everything we been doing for the last 50 or 70 years on something. when george herbert walker bush campaign with a promise not to raise taxes and then turned around and raise taxes, in return for promises of spending cuts, it didn't happen. the american peopl
tax reform this. tax implications of the. reduce taxes fine, but no net tax increases. and most republicans in the house and the senate made that commitment, a handful of democrats, about 1300 state legislators, 13 governors, a lot of people chosen to make that commitment to their constituents. everyone's want to become it's to grover, could you tell some of its okay for them to break their word to the constituents? no. i'm not actually in this equation. is a commitments they made to their own...
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Nov 21, 2012
11/12
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CSPAN
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eye 143
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it looks like a tax, it acts like a tax, it is a tax and congress can do it. host: next is from maryland on the independent line. caller: good morning, i have a statement and a question. i notice that the perception of black man might be a little old. many of us are manipulated by the media. i know this when i am even watching c-span when i hear individuals with an african- american cadence, these particular callers get screened. you rarely hear an intelligent black male on c-span. host: we get a lot of callers and we want to hear from all callers. did you have a question? caller: what is your plan to advance the black agenda? we know that black america and the inner cities have been neglected more than occasionally, academically and otherwise. what is the prescription to fix that? guest: i'm the wrong one to ask that question. i think there is a need for improvement in education and better funding and better standards. president obama is quite interested in that subject but is not a subject that gets into the courts and gets decided as a legal issue. i don't
it looks like a tax, it acts like a tax, it is a tax and congress can do it. host: next is from maryland on the independent line. caller: good morning, i have a statement and a question. i notice that the perception of black man might be a little old. many of us are manipulated by the media. i know this when i am even watching c-span when i hear individuals with an african- american cadence, these particular callers get screened. you rarely hear an intelligent black male on c-span. host: we get...